Rupee slips 13 paise to 8-week low of 74.44 against US dollar
The rupee fell 13 paise to hit its weakest closing in nearly eight weeks at 74.44 against the US dollar on Tuesday. According to experts, rupee has been under pressure as crude started trading above USD 78 barrel along with rally in dollar index.
At the interbank foreign exchange market, the rupee opened on a weak note and witnessed an intra-day high of 74.41 and a low of 74.63 against the US dollar. Source: Reuters